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Showing posts from October, 2023

Understanding Flat Fee MLS Listing Services

  So you've finally decided to sell your property and you're considering the FSBO (For Sale By Owner) route in Minnesota. That's a big step! An important tool that should be on your radar in this process is the Flat Fee MLS (Multiple Listing Service). This service can be a game-changer for independent sellers, offering them exposure on a platform traditionally reserved for real estate agents without the hefty commission fees. What exactly is the concept of a flat fee MLS listing service? The Multiple Listing Service (MLS) is a private database that real estate agents use to share information about properties for sale. Agents pay fees to access this database, which is considered one of the most reliable sources of property information. In Minnesota, there are several flat fee MLS listing services available to home sellers. These services allow individual property owners to list their homes on the local FSBO MLS in MN by paying a one-time flat fee. Once listed, your pr...

Is Minneapolis an Expensive Place to Live?

  Perhaps the attractive job market, vibrant economy, and flourishing art scene initially drew your attention to Minneapolis. With its diverse neighborhoods, excellent school systems, and plethora of recreational activities, it's not hard to see why someone would want to invest in Minneapolis homes for sale by owner. But the looming question remains, is Minneapolis an expensive place to live? The housing sector—a key component of living costs—is where Minneapolis truly shines. In comparison to the US average, homes in Minneapolis are 9% more affordable, providing a significant advantage for those considering Minneapolis homes for sale by owner. This affordability extends to utilities too, which are typically 2% less costly. When it comes to everyday essentials like food and clothing, the picture is slightly different. Groceries in Minneapolis carry a slight premium of around 2% compared to the national average, and the trend continues with clothing, which sees a similar incre...